Saturday 12 November 2011
no move on the part of the government to propose a bailout package proposed for Kingfisher
The promoter of Kingfisher Airlines, on Saturday questioned if it was the private carrier’s duty to operate flights on loss-making routes even as the government clarified that there was no move on the part of the government to propose a bailout package for the crisis-ridden carrier.
“This is to clarify that no such bailout package is pending before the government nor has been proposed by Ministry of Civil Aviation for the Kingfisher Airlines,’’ Civil Aviation Minister Vayalar Ravi said in a statement here on Saturday.
The Minister’s clarification came in the wake of Opposition criticising him over his statement that he would talk to the Finance Ministry to see whether banks and oil firms could provide some relief to the cash-starved airline.
Mr. Mallya while blaming the system of airlines in the country being overtaxed and overcharged, said that governments abroad have “gone out of the way” to support air carriers and connectivity.
With 50 more flights being cancelled on Saturday, the beleaguered airline has cancelled 210 flights since Monday, causing misery and inconvenience to thousands of air travellers.
Mr. Mallya tweeted: “Every government has gone out of the way to support airlines and connectivity. In India airlines are overtaxed and overcharged. Wonder why?”
In yet another tweet, he posed: “Is it Kingfisher's duty 2 (to) fly on loss making routes when state governments tax heavily? Or should v be financially prudent n fly profitably.”
“This is to clarify that no such bailout package is pending before the government nor has been proposed by Ministry of Civil Aviation for the Kingfisher Airlines,’’ Civil Aviation Minister Vayalar Ravi said in a statement here on Saturday.
The Minister’s clarification came in the wake of Opposition criticising him over his statement that he would talk to the Finance Ministry to see whether banks and oil firms could provide some relief to the cash-starved airline.
Mr. Mallya while blaming the system of airlines in the country being overtaxed and overcharged, said that governments abroad have “gone out of the way” to support air carriers and connectivity.
With 50 more flights being cancelled on Saturday, the beleaguered airline has cancelled 210 flights since Monday, causing misery and inconvenience to thousands of air travellers.
Mr. Mallya tweeted: “Every government has gone out of the way to support airlines and connectivity. In India airlines are overtaxed and overcharged. Wonder why?”
In yet another tweet, he posed: “Is it Kingfisher's duty 2 (to) fly on loss making routes when state governments tax heavily? Or should v be financially prudent n fly profitably.”
